INVESTOR ALERT REMINDER: The Schall Law Firm Announces the Filing of
a Class Action Lawsuit Against Facebook, Inc. and Encourages Investors
with Losses in Excess of $100,000 to Contact the Firm

July 30, 2018 02:58 PM Eastern Daylight Time

LOS ANGELES--(BUSINESS WIRE)--The
Schall Law Firm, a national shareholder rights litigation firm,
announces the filing of a class action lawsuit against Facebook, Inc.
(“Facebook” or “the Company”) (NASDAQ: FB)
for violations of §§10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and
Exchange Commission.

Investors who purchased the Company's shares between April 26, 2018, and
July 25, 2018, inclusive (the “Class Period”), are encouraged to contact
the firm before September 25, 2018.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of
the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA
90067, at 424-303-1964, to discuss your rights free of charge. You can
also reach us through the firm's website at www.schallfirm.com,
or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you
choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading
statements to the market. Facebook specifically made misleading
statements and failed to disclose that the number of daily and monthly
active users of its platform was declining. Additionally, due to both
currency conditions and a concentration of efforts on promotion of
features such as Facebook Stories, which have lower levels of
monetization and profitability, the Company expected slower revenue
growth and falling margins. Based on these facts, the lawsuit alleges
that Facebook made false and materially misleading statements throughout
the class period. When the market learned the truth about Facebook,
investors suffered damages.